Demat and Trading Account – Subscription plans
| Charges |
Demat Account - Subscription Packs |
Freedom Pack |
Professional Pack |
Bajaj Privilege Club
|
|
|---|---|---|---|---|
| Subscription charges (Including GST) | Free for 1st year; Rs. 431 p.a. 2nd year onwards | Rs. 2,500 p.a. | Rs. 9,999 p.a. | |
| Brokerage charges (Intraday and Future and Options) | Rs. 20 per order | Rs. 10 per order | Rs. 5 per order | |
| Margin Trade Funding interest rate | 18% p.a. | 12.5% p.a. | One of the Lowest | |
Frequently asked questions
Margin trading facility is a service offered by stockbrokers to assist investors in boosting their purchasing power. Investors or traders can use this facility to buy shares with a value greater than their available funds by paying a percentage of the total value upfront, either in cash or by using assets as security.
If you already have a Demat account, simply visit the BFSL website and log in to the trading platform. Then, select margin and choose the stock you wish to trade and execute the transaction.
If you are not a BFSL customer, you need to first open a demat account with them. After that, you can follow the same process as mentioned above to trade on their platform.
The four main types of margins in trading are:
- Initial Margin
- Maintenance Margin
- Variation Margin
- Margin Call
Yes, having a Demat account is mandatory for Margin Trade Financing.
